Financial Performance - Net profit attributable to shareholders rose by 254.54% to CNY 965.22 million year-on-year[7] - Operating revenue surged by 156.42% to CNY 2.02 billion compared to the same period last year[7] - The weighted average return on equity increased by 3.12 percentage points to 5.61%[7] - The company reported a significant increase in customer deposits, which rose to CNY 13.86 billion from CNY 9.25 billion, marking a growth of approximately 49.5%[37] - Net profit for Q1 2015 reached CNY 972.24 million, a significant increase from CNY 275.63 million in the same period last year, marking a growth of about 253%[45] - Operating revenue for Q1 2015 was CNY 2.02 billion, compared to CNY 787.44 million in Q1 2014, reflecting an increase of approximately 156%[45] - The company's investment income surged to CNY 932.17 million, up from CNY 186.57 million year-over-year, indicating a growth of about 398%[45] - The net profit for the current period was ¥717,160,833.91, representing a 163.8% increase from ¥271,793,955.29 in the same period last year[50] - The total comprehensive income amounted to ¥941,426,041.41, compared to ¥265,675,695.20 in the previous period, marking a growth of 254.0%[50] Assets and Liabilities - Total assets increased by 13.07% to CNY 65.81 billion compared to the end of the previous year[7] - The company's liabilities totaled CNY 47.60 billion, an increase from CNY 40.98 billion at the beginning of the year, reflecting a growth of approximately 16.0%[39] - The total liabilities increased to CNY 45.41 billion, up from CNY 39.36 billion at the beginning of the year, which is an increase of approximately 15%[42] - The company's equity attributable to shareholders reached CNY 17.63 billion, up from CNY 16.75 billion at the beginning of the year, representing an increase of about 5.2%[39] - The company's equity rose to CNY 17.23 billion, compared to CNY 16.28 billion at the start of the year, reflecting an increase of about 5.8%[42] Cash Flow - The net cash flow from operating activities was CNY 2.22 billion, a significant improvement from a negative cash flow of CNY 1.63 billion in the previous year[7] - The net cash flow from operating activities increased to ¥2,514,577,825.66, compared to a net outflow of ¥1,198,847,300.00 in the previous period[59] - Total cash inflow from operating activities reached ¥8,073,762,544.20, significantly up from ¥1,303,212,408.77 in the prior period[59] - Cash and cash equivalents at the end of the period totaled ¥17,825,129,112.60, up from ¥6,159,043,001.99 at the end of the previous period[56] - Cash inflow from the disposal of trading financial assets was a net decrease of ¥2,498,609,522.38, compared to an increase of ¥3,328,749,306.47 previously[59] Investments and Acquisitions - The company’s goodwill increased by 586.16% to CNY 278.72 million due to the acquisition of Dunpei Financial Holdings[14] - The company completed the acquisition of Dunpei Financial Holdings Limited, which is now included in the consolidated financial statements[23] - The company has realized an investment gain of approximately RMB 335 million from the reduction of shares in Chengdu Huaze Cobalt Nickel Materials Co., Ltd.[28] - The company has participated in a capital increase of RMB 50 million in the China Securities Capital Market Development Monitoring Center[29] Shareholder Information - The number of shareholders reached 82,224 by the end of the reporting period[12] - The company distributed a cash dividend of CNY 1.80 per 10 shares, totaling CNY 508.06 million, which accounted for 50.34% of the distributable profits as of the end of 2014[33] - The company has committed to a profit distribution plan that ensures cash dividends will not be less than 30% of the average distributable profits over three consecutive years[32] - The company is in the process of normalizing its commitments regarding shareholder returns as outlined in its three-year plan from 2012 to 2014[31] Regulatory Approvals and Qualifications - The company obtained qualifications for stock options trading and settlement, expanding its service offerings[15] - The company has received approval to engage in stock options proprietary trading from the Shanghai Stock Exchange[16] - The company has been granted qualifications for stock options market-making business by the China Securities Regulatory Commission[17] - The company has obtained the qualification to provide customer fund consumption payment services[18] - The company received approval from the China Securities Regulatory Commission to establish 10 securities business departments in various cities, including Zhengzhou and Kunshan[30] Capital Management - The company plans to issue corporate bonds not exceeding 40% of its net assets as approved by the China Securities Regulatory Commission[19] - The company has approved the issuance of short-term corporate bonds with a repayment balance not exceeding 60% of its net capital[21] - The company has increased the registered capital of its wholly-owned subsidiary, Xizheng International, from HKD 20 million to HKD 300 million[24] - The company has completed a capital increase of RMB 200 million for Southwest Futures, raising its registered capital to RMB 500 million[26]

Financial Performance - Total assets increased by 35.99% year-on-year, reaching CNY 40.79 billion[9] - Total liabilities rose by 25.76% year-on-year, amounting to CNY 23.99 billion[9] - Owner's equity increased by 53.85% year-on-year, totaling CNY 16.81 billion[9] - Operating revenue for the first nine months surged by 107.24% year-on-year, reaching CNY 2.58 billion[9] - Net profit attributable to shareholders increased by 76.23% year-on-year, amounting to CNY 890.64 million[9] - Basic earnings per share rose by 50.00% to CNY 0.33[10] - The weighted average return on net assets increased by 1.43 percentage points to 6.17%[10] - Operating revenue for Q3 2014 reached CNY 1.08 billion, a significant increase of 128% compared to CNY 472 million in the same period last year[44] - Net profit for Q3 2014 was CNY 354 million, up 75% from CNY 202 million in Q3 2013, with net profit attributable to shareholders increasing to CNY 349 million from CNY 201 million[44] - The company achieved a total comprehensive income of CNY 513 million in Q3 2014, compared to CNY 219 million in the same quarter last year, representing a growth of 134%[44] - The company reported a total comprehensive income of ¥1,072,648,444.38 for the first nine months of 2014, compared to ¥512,888,888.99 in the same period last year, an increase of 109.5%[45] Assets and Liabilities - The total long-term equity investment adjustments amounted to -78,940.47 million RMB, reflecting the impact of accounting standard changes[34] - As of September 30, 2014, the total assets of Southwest Securities amounted to CNY 40.79 billion, an increase from CNY 30.00 billion at the beginning of the year, representing a growth of approximately 36.1%[41] - The company's cash and cash equivalents reached CNY 7.45 billion, up from CNY 4.85 billion at the beginning of the year, indicating a growth of about 53.1%[41] - Client deposits increased to CNY 6.61 billion from CNY 4.08 billion, reflecting a rise of approximately 62.0%[41] - The total liabilities of the company were CNY 23.99 billion, compared to CNY 19.07 billion at the beginning of the year, marking an increase of around 25.5%[41] - The equity attributable to shareholders rose to CNY 15.87 billion from CNY 10.82 billion, showing a growth of approximately 46.5%[41] - The total liabilities rose to CNY 23.72 billion, an increase of 25% from CNY 18.95 billion at the beginning of the year[42] - The company's capital reserve increased to CNY 10.74 billion, up from CNY 6.91 billion, reflecting a growth of approximately 55%[42] - The company's total equity increased to CNY 15.66 billion, up from CNY 10.67 billion at the beginning of the year, indicating a growth of approximately 47%[42] Revenue and Income Sources - The company’s margin lending business saw a significant growth of 133.04%, with loans reaching CNY 5.18 billion[15] - Net income from fees and commissions increased by 106.36% year-on-year, totaling CNY 1.28 billion[15] - Net interest income increased to ¥262.87 million, up 121.59% year-over-year, primarily due to increased interest from margin financing and securities lending[17] - Investment income rose to ¥661.56 million, a 77.12% increase, attributed to higher returns from financial products[17] - Investment income for the period was CNY 417 million, a significant increase from CNY 47 million in Q3 2013, reflecting a growth of 786%[44] - The net income from investment banking services increased to ¥710,501,688.35 in the first nine months of 2014, up from ¥155,461,957.32 in the previous year, marking a growth of 356.5%[45] Expenses and Costs - Operating taxes and surcharges increased to ¥141.06 million, up 109.24%, driven by an increase in taxable income[17] - Business and management expenses reached ¥1.09 billion, an 87.76% increase, reflecting higher management costs due to increased operating revenue[17] - The total operating expenses for the first nine months of 2014 were ¥1,221,388,051.86, compared to ¥638,479,057.01 in the same period last year, indicating an increase of 91.1%[45] Shareholder Information - The number of shareholders reached 53,642 by the end of the reporting period[11] - The company distributed a cash dividend of 1.00 RMB per 10 shares for the 2012 fiscal year, totaling 232,255,456.20 RMB[30] - For the 2013 fiscal year, the company distributed a cash dividend of 1.20 RMB per 10 shares, totaling 338,706,547.44 RMB[30] - The cash dividend distribution ratio for 2014 was 83.46% of the cumulative distributable profit, exceeding the 30% target set in the shareholder return plan[31] - The company has committed to a three-year shareholder return plan (2012-2014) with a minimum cash distribution of 30% of the average annual distributable profit[30] Regulatory and Compliance - The company is currently undergoing normal compliance with the lock-up period for 500,000,000 shares issued in a private placement, set to expire on February 24, 2017[31] - The company is unable to disclose the specific impact of the new accounting standards on employee compensation in the third quarter report, with further details to be provided in the annual report[35] - The company plans to disclose the effects of the new accounting standards on long-term equity investments and available-for-sale financial assets in the annual report[35] - The company has maintained compliance with the commitments made regarding the lock-up period for shares, with no trading or transfer of the shares occurring[31] Strategic Initiatives - The company plans to acquire Dunpei Financial Holdings Limited, with the acquisition already approved by relevant authorities[24] - The establishment of Chongqing Xizheng Microfinance Co., Ltd. with a registered capital of $30 million has been completed[26] - Southwest Futures Co., Ltd. received a B-class rating in the 2014 classification evaluation, improving from a C-class rating in 2013[28] - The controlling shareholder, Chongqing Yufu Asset Management Group, is planning to transfer part of its shares, which may lead to a change in the largest shareholder[28] - The company has been approved to conduct pilot projects for private fund comprehensive custody services, indicating a strategic expansion in service offerings[39] - Southwest Securities has received regulatory approval to participate in the Gansu and Wuhan equity trading centers, enhancing its market presence[39] - The company has been included in the pilot program for issuing short-term corporate bonds, which may provide additional funding avenues[39] Cash Flow - The net cash flow from operating activities for the first nine months of 2014 was ¥3,389,321,421.19, a turnaround from a negative cash flow of ¥200,440,115.31 in the previous year[49] - The company reported a net increase in cash and cash equivalents of ¥2,626,902,464.13 for the first nine months of 2014, compared to a decrease of ¥169,178,517.71 in the same period last year[49] - Total cash inflow from operating activities reached CNY 9,245,227,976.09, significantly up from CNY 2,896,915,228.34 year-on-year[51] - Cash outflow from investment activities was CNY 1,742,458,704.68, down from CNY 2,128,267,503.62 in the previous year[51] - Cash flow from financing activities generated a net inflow of CNY 514,242,216.19, compared to CNY 1,769,514,175.39 in the same period last year[51] - The company raised CNY 4,250,000,000.00 from new investments and CNY 3,600,000,000.00 from bond issuance during the reporting period[51] - The net increase in cash and cash equivalents was CNY 2,665,109,830.46, contrasting with a decrease of CNY 606,842,876.41 in the previous year[51] - The ending balance of cash and cash equivalents stood at CNY 8,285,143,187.97, up from CNY 5,648,352,199.92 at the end of the previous year[51] - The company reported a net decrease of CNY 1,470,957,607.39 in cash flow from investment activities, indicating a strategic shift in investment focus[51] - Interest and commission income received increased to CNY 2,141,995,271.44 from CNY 1,151,730,057.08 year-on-year[51] - The company experienced a net increase of CNY 1,122,000,000.00 in borrowed funds, reflecting a stronger financing position[51]

Financial Performance - The company's operating revenue for the first half of 2014 reached ¥1,506,467,467.01, a 94.73% increase compared to ¥773,598,819.04 in the same period of 2013[25]. - Net profit for the first half of 2014 was ¥547,584,107.45, reflecting a 77.65% increase from ¥308,237,851.61 in the first half of 2013[25]. - The net profit attributable to shareholders of the listed company was ¥541,905,947.42, up 78.06% from ¥304,333,950.76 year-on-year[25]. - The company's total profit for the first half of 2014 was RMB 731,143,369.13, which is a 117.95% increase from RMB 335,462,478.78 in the same period of 2013[31]. - The operating profit for the first half of 2014 was RMB 728,653,046.46, representing a 117.74% increase from RMB 334,647,612.81 in the first half of 2013[57]. - The total comprehensive income for the current period was RMB 725,084,770.04, compared to RMB 307,558,887.82 in the previous period, indicating a growth of 135.5%[163]. Assets and Liabilities - Total assets as of June 30, 2014, amounted to ¥32,671,862,279.61, an 8.91% increase from ¥29,997,866,259.97 at the end of 2013[25]. - Total liabilities decreased by 10.86% to ¥17,003,172,649.55 from ¥19,074,221,119.44 at the end of 2013[25]. - The total equity attributable to shareholders increased by 42.80% to ¥15,449,905,965.19 from ¥10,819,205,902.62 at the end of 2013[25]. - The company's cash and cash equivalents increased by 17.19% to RMB 5,689,369,754.86 as of June 30, 2014, compared to RMB 4,854,863,017.53 at the end of 2013[30]. - The total liabilities decreased to RMB 17.00 billion from RMB 19.07 billion, a reduction of approximately 10.9%[159]. - Shareholders' equity increased to RMB 15.67 billion from RMB 10.92 billion, marking a significant rise of 43.5%[159]. Earnings and Dividends - Basic earnings per share for the first half of 2014 were ¥0.20, a 53.85% increase from ¥0.13 in the same period of 2013[25]. - The company distributed a cash dividend of 1.20 yuan per 10 shares, totaling 338,706,547.44 yuan, which represents 83.46% of the distributable profits as of the end of 2013[85]. - Basic and diluted earnings per share increased to RMB 0.20, up from RMB 0.13, reflecting a growth of 53.8%[163]. Cash Flow - The net cash flow from operating activities was ¥2,064,948,867.84, a 49.23% increase compared to ¥1,383,774,034.23 in the first half of 2013[25]. - The total cash inflow from operating activities is RMB 4,789,951,554.42, while the total cash outflow is RMB 2,798,696,246.42, resulting in a net cash flow of RMB 1,991,255,308.00[169]. - The net cash flow from financing activities is RMB 1,128,423,878.56, compared to a negative cash flow of RMB -108,486,480.57 in the previous period, showing a significant improvement[169]. Business Segments - The brokerage business accounted for 34.15% of total revenue, while investment banking contributed 29.91%[40]. - The brokerage business generated operating revenue of RMB 514.52 million, a year-on-year increase of 41.08%, with a profit of RMB 293 million, up 48.54%[50]. - The investment banking business achieved operating revenue of RMB 450.61 million, a significant increase of 265.30%, with profits rising sharply[50]. - The proprietary trading business saw operating revenue of RMB 473.99 million, a year-on-year increase of 256.27%, with profits soaring by 330.74%[53]. Strategic Initiatives - The company is actively pursuing the acquisition of a Hong Kong-listed brokerage to accelerate its international strategy[38]. - The company is enhancing its risk management framework, focusing on market, operational, liquidity, and credit risks[88]. - The company is actively preparing for innovative business lines, including individual stock options and internet finance, while managing associated risks[89]. - The company is positioned to leverage its unique status as the only A-share listed financial institution in Chongqing to enhance its competitive edge in the regional market[62]. Compliance and Governance - The company received an A-class AA rating from regulatory authorities for its compliance and management practices in 2014[147]. - The company was recognized as an excellent information disclosure company with an A-class rating in the 2013 annual information disclosure evaluation[148]. - The company has not undergone any bankruptcy reorganization, reflecting financial stability[97]. Shareholder Information - The top ten shareholders hold a combined 60.5% of the company's shares, with Chongqing Yufu Asset Management Group holding 33.29%[129]. - The company has a total of 60,545 shareholders as of the end of the reporting period, indicating a broad shareholder base[128]. - The largest shareholder, Chongqing Yufu Asset Management Group Co., Ltd., remains unchanged as the controlling shareholder[133].

Financial Performance - Operating revenue for the period was ¥787,441,498.85, representing a 91.53% increase year-on-year[8] - Net profit attributable to shareholders was ¥272,249,674.17, up 104.12% from the same period last year[8] - Basic earnings per share rose to ¥0.11, an increase of 83.33% compared to the previous year[8] - The weighted average return on equity increased by 1.22 percentage points to 2.49%[8] - The company's operating revenue for Q1 2014 reached RMB 787.44 million, a significant increase of 91.5% compared to RMB 411.13 million in Q1 2013[37] - Net commission and fee income was RMB 526.12 million, up 107.3% from RMB 253.12 million year-over-year, driven by strong performance in investment banking[37] - The net profit for Q1 2014 was RMB 275.63 million, representing a 105.6% increase from RMB 134.08 million in the same period last year[37] - The basic and diluted earnings per share both improved to RMB 0.11, compared to RMB 0.06 in Q1 2013[37] - The total comprehensive income for Q1 2014 was RMB 269.51 million, compared to RMB 140.64 million in Q1 2013, reflecting strong operational performance[37] Assets and Liabilities - Total assets at the end of the reporting period reached ¥30,919,045,550.44, an increase of 3.07% compared to the end of the previous year[8] - Total liabilities decreased to ¥15,785,161,984.75, down 17.24% from the previous year[8] - Total equity increased by 38.54% to ¥15,133,883,565.69 compared to the end of the previous year[8] - The company's cash and cash equivalents decreased to RMB 4,702,813,602.89 from RMB 4,854,863,017.53, a decline of about 3.11%[31] - Total liabilities decreased from RMB 19,074,221,119.44 at the beginning of the year to RMB 15,785,161,984.75, representing a reduction of approximately 17.00%[31] - Shareholders' equity increased significantly from RMB 10,923,645,140.53 to RMB 15,133,883,565.69, marking an increase of around 38.80%[31] - The company's short-term financing payables decreased from RMB 3,400,000,000.00 to RMB 3,000,000,000.00, a decrease of approximately 11.76%[31] - The total amount of trading financial assets decreased from RMB 13,273,887,509.24 to RMB 10,289,002,149.92, a decline of about 22.49%[31] Cash Flow - The net cash flow from operating activities was negative at -¥1,633,589,885.56, a decline of 324.37% compared to the previous year[8] - Cash flow from operating activities showed a net outflow of -¥1,633,589,885.56, a decline of 324.37% attributed to increased margin financing and stock pledge repurchase business[16] - The company reported a net cash outflow from operating activities of RMB 1.63 billion, contrasting with a net inflow of RMB 728.09 million in Q1 2013[42] - Cash outflow from operating activities increased to 2,502,059,708.77 RMB, up from 1,152,597,757.13 RMB in the same period last year[44] - Net cash flow from investing activities was -2,640,251,877.55 RMB, worsening from -256,234,639.31 RMB in Q1 2013[44] - Net cash flow from financing activities was 3,850,000,000.00 RMB, with cash inflow from financing activities at 4,250,000,000.00 RMB[44] Shareholder Information - The total number of shareholders at the end of the reporting period was 63,413[12] - The largest shareholder, Chongqing Yufu Asset Management Group Co., Ltd., held 33.29% of the shares, totaling 939,536,796 shares[12] Investment and Capital Management - The company completed a non-public offering of 500 million shares at ¥8.62 per share, raising a total of ¥4,310,000,000, with a net amount of ¥4,250,000,000 after expenses[18] - The registered capital increased to ¥2,822,554,562 following the share issuance, with significant changes in major shareholders' ownership percentages[18] - The company issued three phases of short-term financing bonds, raising a total of ¥30 billion, while repaying four phases totaling ¥34.51 billion[20] - The capital reserve increased by 54.19% to ¥10,653,502,058.13 as a result of the completion of the targeted issuance[14] - The company plans to distribute cash dividends amounting to at least 30% of the average annual distributable profit to shareholders over the three years from 2012 to 2014[23] - In 2013, the company distributed a cash dividend of 1.00 CNY per 10 shares, totaling 232,255,456.20 CNY, based on a total share count of 2,322,554,562 shares[24] - For 2013, the company approved a cash dividend of 1.20 CNY per 10 shares, amounting to 338,706,547.44 CNY, which represents 83.46% of the distributable profit as of the end of 2013[24] - The company is actively implementing its profit distribution plan, with cash dividends exceeding the planned distribution ratio[24] Regulatory and Strategic Developments - The company received regulatory approvals for multiple branch managers' qualifications in January and February 2014, enhancing its operational capabilities[26][27] - The company has been authorized to extend the establishment of a new securities business department in Yinchuan, Ningxia, indicating market expansion efforts[27] - The company plans to increase its investment in its Hong Kong subsidiary by 280 million HKD, reflecting a strategy for international growth[27] - The company is committed to ensuring sustainable operations while meeting capital requirements for business development[23] - The company has no significant investment plans or major cash expenditures anticipated, allowing for consistent dividend distribution[23] - The company has not indicated any potential for significant losses or major fluctuations in net profit compared to the previous year[24] Other Financial Metrics - Derivative financial assets increased by 122.13% to ¥86,975,033.55 due to the scale and fair value of derivative financial instruments[14] - Interest income turned negative at -¥8,426,423.56, a decrease of 115.25% due to increased interest expenses from short-term financing bonds[16] - Other assets surged by 546.07% to ¥1,293,176,321.13 due to pending bond transfer procedures[14] - Deferred income tax liabilities rose by 173.23% to ¥26,746,779.18 due to increased temporary differences from fair value changes in financial assets[14] - The company experienced a significant increase in investment income, totaling RMB 186.57 million, although it was slightly lower than RMB 200.23 million in Q1 2013[37] - The fair value changes resulted in a gain of RMB 79.48 million, a recovery from a loss of RMB 97.52 million in the previous year[37]

Financial Performance - The company's operating revenue for 2013 was ¥1,964,126,453.35, representing a 54.90% increase compared to ¥1,267,970,836.73 in 2012[44]. - Net profit for 2013 reached ¥636,428,320.70, an 85.87% increase from ¥342,407,499.38 in the previous year[44]. - The total assets at the end of 2013 amounted to ¥29,997,866,259.97, a 73.83% increase from ¥17,256,713,201.35 in 2012[44]. - Total liabilities increased by 178.38% to ¥19,074,221,119.44 in 2013 from ¥6,851,942,342.10 in 2012[44]. - Basic earnings per share for 2013 were ¥0.27, an increase of 80.00% compared to ¥0.15 in 2012[45]. - The weighted average return on equity for 2013 was 5.88%, an increase of 2.51 percentage points from 3.37% in 2012[45]. - The company's total revenue for 2013 reached RMB 1,964,126,453.35, representing a 54.90% increase compared to RMB 1,267,970,836.73 in 2012[49]. - Net profit for 2013 was RMB 636,428,320.70, an 85.87% increase from RMB 342,407,499.38 in 2012[49]. - The total assets of the company as of December 31, 2013, amounted to RMB 29,997,866,259.97, a 73.83% increase from RMB 17,256,713,201.35 in 2012[48]. - The company's non-recurring gains after tax for 2013 were RMB 24,368,234.08, compared to RMB 1,117,508.62 in 2012[47]. - The company's cash and cash equivalents decreased by 13.56% to RMB 4,854,863,017.53 in 2013 from RMB 5,616,371,340.74 in 2012[48]. - The net income from commission and fees increased by 38.24% to RMB 1,014,898,263.25 in 2013 from RMB 734,135,801.87 in 2012[49]. - The company's long-term equity investments rose by 32.74% to RMB 2,364,970,554.04 in 2013 from RMB 1,781,707,435.22 in 2012[48]. - The total liabilities increased by 178.38% to RMB 19,074,221,119.44 in 2013 from RMB 6,851,942,342.10 in 2012[49]. - The company reported a significant increase in trading financial assets, which rose by 141.16% to RMB 13,273,887,509.24 in 2013 from RMB 5,504,100,404.98 in 2012[48]. - The company's investment income for 2013 was RMB 887,805,657.92, a significant recovery from a loss of RMB 242,319,833.97 in 2012[49]. - The company achieved a revenue growth of 54.90% year-on-year, with business and management expenses amounting to RMB 1,025.03 million, an increase of 30.90% compared to the previous year[72]. - The net cash increase for the period was -RMB 119 million, with operating activities resulting in a net cash outflow of RMB 968 million[73]. - The brokerage business generated revenue of RMB 886 million, with a profit of RMB 425 million, reflecting year-on-year growth of 67.12% and 98.34% respectively[83]. - The company’s client circulation assets exceeded RMB 130 billion, a year-on-year increase of 31.39%, surpassing the market circulation value growth of 9.87%[83]. - The company’s asset management business revenue increased by 91.47% year-on-year, reaching RMB 34.92 million[70]. - The company’s brokerage market share was 0.75%, with a trading volume of RMB 726.04 billion, marking a rise in industry ranking[83]. - Interest income for 2013 reached 12,394.66 million RMB, a year-on-year increase of 201.08%[87]. - Total brokerage business income amounted to 21,820.63 million RMB, reflecting a growth of 207.43%[87]. - The number of new customers added in 2013 was 4,082, representing a significant increase of 359.20%[88]. - The company's investment banking business generated revenue of 321 million RMB, a year-on-year growth of 1.26%, while operating profit decreased by 43.17% to 44 million RMB[89]. - The self-operated business achieved revenue of 265 million RMB, up 44.22% year-on-year, with operating profit increasing by 45.45% to 188 million RMB[95]. - The total value of collateral reached 590,049.56 million RMB, an increase of 185.37% compared to the previous year[88]. - The asset management business reported net income of 7,030 million RMB, a year-on-year increase of 163%[98]. - The total assets of Xizheng Investment Company reached RMB 600.29 million, with a net asset of RMB 598.63 million, and reported a revenue of RMB 15.86 million, representing a year-on-year growth of 122.15%[127]. - Xizheng Innovation Company achieved total assets of RMB 824.41 million and a net asset of RMB 765.02 million, with a revenue of RMB 198.53 million and a net profit of RMB 144.87 million during the reporting period[128]. Business Expansion and Development - The company has expanded its business qualifications to include the sale of financial products, management of insurance funds, and stock pledge repurchase business in 2013[19]. - The company has added qualifications for providing intermediary services for futures companies in early 2014[17]. - The company has established a total of 86 securities business offices, with 10 already operational and 35 under construction, achieving full coverage in the Chongqing area[34]. - The company has been approved to operate 45 new securities business offices, expanding its market presence across 24 provinces and municipalities[34]. - The company successfully established new subsidiaries and expanded its international presence, including the establishment of Xizheng International in Hong Kong[62]. - The company completed 7 refinancing projects and 9 bond underwriting projects in 2013, with a total underwriting amount of RMB 23,797 million[66]. - The company successfully established Xizheng Innovation Company and acquired Southwest Futures Company, enhancing its business chain and profit channels[69]. - The company completed a total refinancing of RMB 4.31 billion and issued RMB 7.4 billion in short-term financing bonds during the reporting period[76]. - The company signed 31 new enterprises for over-the-counter trading and successfully completed 2 projects for the Chongqing Equity Transfer Center[68]. - The company aims to enhance its cross-border financial service capabilities through the establishment of Xizheng International Company in Hong Kong[100]. - The company has completed the non-public offering of 500 million new shares, raising a total of 4.31 billion yuan[173]. - The company has successfully acquired Southwest Futures Company and plans to further increase its capital strength[168]. - The establishment of Xizheng International Company in Hong Kong is aimed at enhancing capital strength and cross-border service capabilities[167]. - The company has gained control of Chongqing OTC to create a differentiated competitive advantage and improve market competitiveness[169]. - The company is focusing on risk prevention and compliance management, emphasizing the principle of balancing innovation and risk control[172]. - The company is developing a comprehensive business platform by integrating resources across departments and regions to enhance its overall business capabilities[110]. - The company plans to leverage its advantages as the first securities firm to hold a regional equity trading center to develop over-the-counter business and extend customer services[110]. - The company aims to improve its core competitiveness by continuously promoting collaboration among investment banking, asset management, brokerage, and proprietary trading sectors[110]. - The company is focusing on enhancing compliance risk control, financial management, and information technology to strengthen its core competitiveness[110]. - The company has introduced new business qualifications, including financial product agency and insurance fund management[182]. Risk Management - The company faced various operational risks, including market, credit, liquidity, and operational risks, and has implemented a comprehensive risk management framework[154]. - The company implemented measures to mitigate market risks, including diversifying investments in stocks and bonds to reduce risk exposure[155]. - Credit risk management was strengthened through strict financing business management systems, focusing on high credit-rated products and monitoring credit rating changes[156]. - The company maintained good liquidity by issuing short-term financing bonds and centralizing fund management to ensure liquidity[157]. - Operational risks were addressed by enhancing internal controls and improving information technology systems to ensure reliable operations[158]. - The company faced significant market volatility, impacting its brokerage and investment banking revenues, but managed to maintain sufficient net capital[159]. - The company's asset-liability ratio, excluding client transaction settlement funds, increased to 57.44%, up 40.56 percentage points from 16.88% in 2012, primarily due to increased repurchase financial assets and short-term financing bonds[138]. - The total liabilities reached ¥14.742 billion, with short-term financing bonds accounting for ¥3.4 billion and repurchase financial assets at ¥9.068 billion[138]. - The self-operated equity securities and derivatives/net capital ratio increased significantly to 70.66%, up 447.75% from the previous year[151]. Corporate Governance and Compliance - The company has not experienced any non-operational fund occupation by controlling shareholders or related parties[6]. - The company has received a standard unqualified audit report from Tianjian Accounting Firm[4]. - The board of directors and management have confirmed the accuracy and completeness of the annual report[4]. - The company has not faced any major litigation or arbitration issues during the reporting period[181]. - The company had 433 remaining non-compliant accounts, which is 0.034% of the total 1,264,934 client securities accounts[146]. - The company established a net capital replenishment mechanism to address any shortfalls, including measures such as reducing high-risk investments and issuing subordinated debt[150]. - The company is committed to social responsibility through various initiatives, including increasing employment and participating in environmental investments[178]. Dividend Policy - The company plans to distribute a cash dividend of 1.20 RMB per 10 shares, totaling 338,706,547.44 RMB, which accounts for 83.46% of the distributable profits as of the end of 2013[5]. - The company does not plan to convert capital reserves into share capital for the 2013 fiscal year[5]. - The company proposed a cash dividend of RMB 1.20 per 10 shares, amounting to a total cash distribution of RMB 338,706,547.44, which represents 83.46% of the distributable profits at the end of 2013[143]. - The remaining undistributed profits at the end of 2013 were RMB 67,104,701.21, which will be carried forward to the next fiscal year[143].